Job Description

AML Consultant – New York (Spanish Required)

Overview:

A global banking organization is seeking an AML Consultant to support the bank’s BSA/AML program. This role involves assisting the existing team with daily compliance tasks to ensure adherence to all relevant BSA/AML and OFAC regulations across business units. The consultant will follow established procedures to maintain the bank’s regulatory compliance.

Fluency in Spanish (reading, writing, and speaking) is required. The ideal candidate will have 4-5 years of AML experience within banking.

Key Responsibilities:

• Execute various AML transaction monitoring and Enhanced Due Diligence (EDD) tasks.
• Conduct EDD reviews for high-risk customers, including due diligence, negative news analysis, transactional lookback reviews, beneficial ownership assessments, PEP reviews, and risk factor evaluations.
• Perform Customer Due Diligence (CDD) reviews for low- and medium-risk customers, analyzing expected versus actual transactions.
• Assess customer risk factors within the onboarding system and collaborate with the Client Onboarding team for additional information.

Qualifications:

• Minimum of four years of BSA/AML experience in financial institutions.
• Strong technical knowledge of BSA/AML regulations, the USA PATRIOT Act, OFAC sanctions compliance, KYC, and transaction monitoring.
• CAMS certification preferred.
• Excellent teamwork and communication skills, with the ability to interact professionally with senior management.
• Familiarity with the LATAM/Spanish markets is highly desirable

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